Invesco Galaxy Bitcoin ETF (BTCO)
Invesco Galaxy Bitcoin ETF operates in the Asset Management - Cryptocurrency industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $83.49, down 0.49% on the session, giving a market capitalisation of $654.9M. Its beta of 2.17 implies it has historically moved more than the broad market.
This exchange-traded product, known as the Invesco Galaxy Bitcoin ETF (or "the Trust"), provides common shares of beneficial interest ("Shares") that are listed and traded on the Cboe BZX exchange under the ticker "BTCO." Its core purpose is to replicate the market performance of bitcoin's spot price, which is determined by the Lukka Prime Reference Rate (serving as its benchmark), after factoring in the Trust's operating costs and any other liabilities.
Invesco Galaxy Bitcoin ETF is most often compared with the following Financial Services names: